United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Has $523,000 Position in Everpure, Inc. $P

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund lowered its position in Everpure, Inc. (NYSE:P) by 50.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,800 shares of the company’s stock after selling 7,800 shares during the quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in Everpure were worth $523,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Smartleaf Asset Management LLC increased its stake in shares of Everpure by 40.1% in the third quarter. Smartleaf Asset Management LLC now owns 468 shares of the company’s stock valued at $39,000 after buying an additional 134 shares during the period. One Capital Management LLC increased its position in Everpure by 1.0% during the 3rd quarter. One Capital Management LLC now owns 14,750 shares of the company’s stock valued at $1,236,000 after purchasing an additional 141 shares during the period. State of Wyoming increased its position in Everpure by 10.3% during the 3rd quarter. State of Wyoming now owns 1,673 shares of the company’s stock valued at $140,000 after purchasing an additional 156 shares during the period. GraniteShares Advisors LLC increased its position in Everpure by 2.3% during the 4th quarter. GraniteShares Advisors LLC now owns 6,918 shares of the company’s stock valued at $464,000 after purchasing an additional 157 shares during the period. Finally, GAMMA Investing LLC increased its position in Everpure by 2.4% during the 4th quarter. GAMMA Investing LLC now owns 6,938 shares of the company’s stock valued at $465,000 after purchasing an additional 164 shares during the period. Institutional investors and hedge funds own 83.42% of the company’s stock.

Insider Activity

In related news, insider John Colgrove sold 200,000 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of $85.93, for a total value of $17,186,000.00. Following the transaction, the insider directly owned 6,625,221 shares in the company, valued at $569,305,240.53. This trade represents a 2.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 534,265 shares of company stock valued at $41,321,234. 5.10% of the stock is owned by company insiders.

More Everpure News

Here are the key news stories impacting Everpure this week:

• Positive Sentiment: Everpure reported Q1 earnings of $0.47 per share, ahead of the $0.40 consensus, with revenue of $1.05 billion also topping estimates and rising 35.2% year over year. Everpure (P) Tops Q1 Earnings and Revenue Estimates
• Positive Sentiment: Management said AI-led storage demand, enterprise wins, and subscription growth helped drive the quarter, reinforcing the growth story for Everpure’s data storage business. Everpure Q1 Earnings Beat on Strong AI-Led Storage Demand, Sales Jump Y/Y
• Positive Sentiment: Several analysts responded favorably after the report, including JPMorgan raising its price target to $92 and Needham reiterating a buy rating with a $100 target, suggesting Wall Street sees continued upside. Analyst rating updates
• Neutral Sentiment: The company’s full-year revenue guidance came in above expectations, but next-quarter revenue guidance disappointed, which helped explain the stock’s volatility after earnings. P Q1 Deep Dive: Supply Chain Dynamics and Pricing Power Shape Results and Guidance
• Negative Sentiment: Investors were also disappointed by weaker free cash flow and cautious near-term guidance, which triggered a sharp post-earnings pullback despite the beat. Everpure beats on revenue and earnings but free cash flow drop sends shares lower

Everpure Price Performance

Shares of P stock opened at $79.31 on Friday. The company has a market cap of $26.21 billion, a PE ratio of 120.17, a P/E/G ratio of 5.38 and a beta of 1.44. Everpure, Inc. has a 52 week low of $50.20 and a 52 week high of $100.59.

Everpure (NYSE:P) last announced its quarterly earnings data on Wednesday, May 27th. The company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.40 by $0.07. The company had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $997.88 million. Everpure had a net margin of 5.75% and a return on equity of 15.97%. The company’s quarterly revenue was up 35.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.29 EPS. On average, sell-side analysts expect that Everpure, Inc. will post 0.72 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

P has been the subject of a number of recent analyst reports. William Blair reissued an “outperform” rating on shares of Everpure in a research report on Thursday. Morgan Stanley increased their target price on shares of Everpure from $84.00 to $87.00 and gave the company an “equal weight” rating in a research report on Thursday. Guggenheim increased their target price on shares of Everpure from $105.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday. Barclays increased their target price on shares of Everpure from $81.00 to $84.00 and gave the company an “equal weight” rating in a research report on Thursday. Finally, UBS Group increased their target price on shares of Everpure from $63.00 to $70.00 and gave the company a “sell” rating in a research report on Thursday. Thirteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $96.32.

About Everpure

Pure Storage, Inc provides data storage technologies, products, and services in the United States and internationally. The company’s Purity software is shared across its products and provides enterprise-class data services, such as data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. Its products portfolio includes FlashArray for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; FlashArray//XL; and FlashArray//C, an all-QLC flash array.